Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/78110 
Year of Publication: 
1975
Series/Report no.: 
Diskussionsbeiträge No. 65
Publisher: 
Universität Konstanz, Fachbereich Wirtschaftswissenschaften, Konstanz
Abstract: 
Traditionally, the demand for public expenditures has been estimated using as explanatory variables the average values of per capita income, as well as other variables. The results of this approach are disappointing which is due to the lacking theoretical basis. The public choice model, on the other hand, uses the political decision-making process (median voter model) to explain expenditures. Taking the same set of data, it is shown that the public choice approach yields superior results. It also offers a solution to the unfruitful discussion about the influence of political determinants of public expenditures.
Document Type: 
Working Paper

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